Module: Risk Management
Purpose: To record a business continuity plan and a recovery plan for a risk.
To Access: Risk Management - Risk Evaluation (or Risk Review) - select Edit on Risk Select Action dropdown list - Response Plan.
When a risk eventuates, it will impact the normal operation of the business. It is prudent for an organisation to prepare a recovery plan to restore the business to normal and a business continuity plan to ensure that the business can continue to operate until the recovery process is successfully completed.
If the risk may affect the long term continuity of the organisation, tick the Affect LT Continuity box.
You may also attach more complete documentation detailing the planned actions, contact list, business impact analysis etc. by clicking the Attach Document button.